EightyNineWaves

US30 Looking Bullish

EightyNineWaves 업데이트됨   
CURRENCYCOM:US30   다우존스 산업 평균 지수
Here's another example of a confluence of alternate counts (continuing with the point I made in yesterday's post). Here's two counts overlapped on top of each other. One is bullish going into the new year; the other suggests a return to the Dec-01 low. Yet in the short-term it doesn't matter which is more likely. Both are looking for a short-term impulse to another new monthly high, if not an all-time high.

Invalidation of these counts is at 35413.
코멘트:
If it invalidates here we'll have to switch to bearish alternatives. The closest target would be toward the top of this range:


This assumes we would still be within a wave 2 flat. If it were to continue pushing lower beyond the top of the marked range, we'd be looking then at the possibility of a larger degree correction still ongoing.
코멘트:
Here's what a potential flat would look like:


If it pushes much lower than the top of this fib range we'd likely be looking at something more like Scenario 3 in yesterday's post (with green wave C and blue (X) moving to yesterday's high). That would likely result in a very bearish outlook for the rest of December. But, one step at a time.
면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.